Newspaper Page Text
SONDAt BULLETIN, HONOLULU. II. T SUNDAY, APRIL, C, 1902.
The best tho markets
nlford Borveil tnd guests
have full view of tbe sea
from tho dining room, . .
NATIONAL LAWS FOR THE GOVERNMENT
OF TRUSTS AND PROTECTION OF STATES
L. H. DEE, Proprietor.
W. Beswick, Manager.
Take the car to Walklkl.
Best Insurance In the World
HAWAIIAN IRON FENCE AND
MONUMENTAL CO,, LTD.
Tel. 287 Main. 176 King Street
M. Phillips & Co.
Wholesale Importer! and Jobber.
European and American Dry Goods
Fort and Queen SU.
At Harvard University on the after
noon of March 10 James B. Dill, the
well-known corporation lawyer of New
York, discussed tho necessity of hav
ing "national laws to govern trusts or
great Industrial combinations." Be
sides the members of tho Harvard
Economic Society, tho address at
tracted a largo assemblage of visitors
Interested in the questions growing
out of tho anti-trust litigation before
tho United States Supreme Court.
Mr. Dill, In opening, mado the points
(first? that tho best Intelligence ot
the country favored Clio adoption ot
national principles with respect to
corporate measures; (second) that his'
tory showed that In Instances where
lnterstato warfare had affected trade
nnd commerce unfavorably Federal as
sumption of the matters In dispute had
frequently resulted, nnd (thlrdf that
whenever n force affecting the welfare
of the country at large has been found
"to hao outgrown tho swaddling
clothes" of tho express powers of the
constitution and ,to bo entitled to fne
I protection of a national law tlTe Amcr
Mean people had always overridden
' mere technicalities and taken unto
themselves the requisite nuthorlty tin
j der tho Implied powers of the consti
Saying that he accepted tho term
trust" to signify n "corporate nggro-
H. Hackfeid& Co., Ltd.
General Commission Agents.
Cor. Fort and Queen Streets, Honolulu
tlon of transportation, railroad anj
what Is commonly known as quasi pub
lic corporations to be organized under
any other than the particular law pro
viding such corporations with Its re
strictions and safeguards. Neverthe
less, that State has before It today a
bill making It lawful to form a corpor
ation for the business of constructing,
maintaining and operating a railroad,
telephone or telegraph lines under tho
business corporations law, provided all
operations of these companies shall bo
carried on wholly beyond Its borders.
In other words, New York Is assum
ing to grant powers to corporations to
carry Into effect outside the State
what ft will not permit to be excrcesed
within Its own territory."
Further, Mr. Dill contended that
"State legislation for revenue" was
most pernicious In tendency, since It
the State as a whole was for sale tho
moral example of the State tended to
make legislators Individually for sale.
Mr. Dill contended that tho power
for good legislation affecting trusts
was crippled by tho lack of national
Jurisdiction. Each State legislated
for Itself in disregard of tho nation's
good. The result was confusion and
frequent conflict between Federal and
"Americans have not as yet begun
to realize," declared Mr. Dill, "tho
force and power of these aggregations
of capital. Viewed on tho one hand
gallon engaged In other than merely from the standpoint of undoubted ad
local business, and not confined In Its vantage to the .country, certain Intelll
operations to tho Stato of Its crca- gent people arc Inclined to do away
tlon," he insisted that the "trust" was' with all legal restrictions upon the
national In extent and an Integral part growth and progress of great organ!
of the best growth and financial devel- zatlons. Others, realizing the dangers
opment of tho country. which of necessity accompany power
Present State legislation tended to 'of any kind, and which, when united
lack ot uniformity, to diversity and to , In combinations, present, If uncontroll
direct antagonism. "Charter granting i cd, more than a menace to our country.
States are so shaping their corporato are Inclined to repress tho trust muvc
lcglslatlon," added Mr. Dili, "that their, ment In overy possible way." Tho safe
Citing several Interesting Instances
of interstate warfare, Mr. Dill con
tinued that trusts had outgrown tho
confines of mere State legislation and
had now become a national force. He
said: "This contest between States
haB reached tho point where Minneso
ta has In vain appealed to the Supreme
Court of the United States for relief,
openly charging New Jersey with per
mlttlng a great corporation to organ
ize tinder Its laws for the express pur
poso of doing what was forbidden In
Minnesota, and what directly affects
and was Intended to affect property
located In Minnesota. It needs no ar
gument for tho student of corporate
legislation to reach the conclusion that
It Is not toward uniformity that State
legislation is drifting, but toward in
Mr. Dill then urged the passage of a
Federal law along tho lines of the na
tional banking act, not abridging the
powers of tho State to create corpora
tions, but giving the option to corpora
tions whose business Is national In ex
tent relating to traTle with foreign
countries or between States to organ
ize under nntlonal laws guaranteeing
protection against conflicting Stato
legislation nnd political enactments.
Such an act should bo based upon a
public demand for cleaner legislation
nnd purer politics, and providing:
First It should bo optional, as In
tho case of the national banking act,
leaving corporations freo to organlzo
under State acts If tliey choose.
Second It Bhould deny the name
national" to nny but national corpor
charters will be a SJlablo product
other than their own cltlzcn.
than this, they arc permitting those
of other States who will come to them
for charters to do things which they
deny their own citizens. The Stale of
New York today forbids (lie organlza-
to method, Mr. Dill thought, was not in
More. abolishing trusts, but In properly ap
plying the principles tliey represent
ed. The basis of discussion respecting
the legal control of combinations was
not first utility and then control, but
utilization nnd control pari passu.
State attack to tho samo extent that
national banks arc, viz., It should not
bo subject to attachment or other pro
visional limitations which prevail In
any Stato against non-rcsldcnts; that
Is to say, being a United States corpor
ation, it Bhould bo a citizen of the
United States and a citizen ot each
Stato to tho extent that it has all
rights of citizens as to attacks in the
Discussing tho practical advantages
ot such a measure, Mr. Dill said in con
clusion: "Would corporations avail them
selves of the opportunity to organize
under a national law? Yes, for their
tendency today Is to assume a nation
al character. This is shown by tho
designations 'United States,' 'Ameri
can,' 'Federal,' 'National' and even
'International.' There is a tendency
to publicity, at least to 'private pub
licity,' on tho part ot the better class
ot corporations, such as tho United
States Steel Corporation, the National
Biscuit and others, as a matter of self
preservation. Tho tendency In each
case Is to publish more and more tho
details In order that the good corpora'
tlons nnd the sound organizations may
show themselves to bo In a position
where tho others daro not follow them
In making public statements. They
proceed upon tho theory that tho
man six feet tall tan wade through a
stream of Buch depth that a man flvo
feet high would bo drowned in the
crossing, and the great corporations
are quite willing to drown In tho
stream of publicity the other corpora-
who assume that title to change It.
ntlons, compelling other corporation1) tlons who aro following In their wnko
and attempting to Imitate their stand-
Third National corporations should , Ing and position.
havo freedom from Stato supervision
and Bhould be subject to taxation by
tho Stnte only to tho amount of prop-
"No great corporation can be put
upon tho market without a financial
syndicate. No matter how great
erty actually In the State, and then how strong is that syndicate, It must
upon the same basis as an Individual
Fourth Tho national corporation
should be subject to national supervi
sion and examination and should re
quire at least private publicity, would
probably also require a degree of pub
Fifth It should bo protected from
go to tho banks for money. The banks
will not perpetually advanco funds
upon underwrltlngs or other securities.
So the syndicate ultimately gets to tho
public. Tho bankers, knowing this,
would Insist that the financiers organ
ize their company under that law
which would Inspire tho greatest pub
lic confidence In order that tho publlo
would ultimately Invest. '
"Then, too, tho law should have a
requirement that present combinations
might become national combinations
upon a theory Blmllar to that by which
Stnte banks are entitled to become na
tional banks. This would bo availed
of by tho sound corporations for their
own good, not only for protection
against Imitators and thosa not able
to follow them, but also as a' protection
against tbe diverse and Inconsistent
laws ot the various States. The ten
dency of the States is to attract more
nnd moro foreign corporations, and
therefore the great corporations would
avail themselves of the privilege of
becoming a United States corporation,
and thereby being a corporation for
eign to no State, thereby securing to
themselves tho privileges and Immuni
ties of citizens of every State.
"The point of the whole matter is
that they would sccuro to themselves
uniformity of legislation throughout
the length anil breadth ot the United
States. Texas and other States may
drive Insurance companies out of their
territories, but they cannot drlvo na
tlonnl banks out becauso the national
bank derives its existence from a
power higher than that of a State-created
organization. Kb corporation en
gaged in Interstate commerce, no cor
poratlon desiring to do business
throughout the length and breadth of
the country could afford to be other
than a national organization.
"It would not bo long before tho
investing public won til draw the lines
sharply between State-created organi
zations assuming to do a business na
tional In extent and truly national cor
porations. In a word, tho successful
combination must bo In its nature a
national organization In order to even
pretend to carry out the economic the
ories upon which It Is based. Given a
law which creates real national corpor
ations and all others would becomo
Imitators and bo so known to tho pub'
lie. Tho public would refuse to tnko
the stock of such an organization on
the same prlnclplo that It would re
fuse to take a counterfeit bill."
A COMPLETE SUMMARY
of the News of the week
in the Territory of Hawaii,
you will subscribe for the
OP THE BULLETIN.
$1.00 PER ANNUM
mailed to any part of the
UNITED SIATESOR CANAAD
Motor Carriage and Machine
REPAIR AND BUILD
ALL KINDS OP : :
Safe Work of All Kinds.
Etc, Etc, Repaired.
UNION STREET, near Hotel.
Phone Blue 721. P. O. box 112.
J. W. SCHOENINQ, Manager.
i I WHV9 I UrUivvtt - r Vaiiwv CtlvA l
vv iiiiiio ui a iuung uni
By BARRY PAIN.
It was a public picture gallery on a
public day, and there was nothing to
pay. The young girl tripped lightly
up the Bteps. She wore an expression
of an earnest Inquirer, but that may
have been deceptive. At rare Inter
vals a look of utter devil flashed at
the back of her eyes; also, her skirts
were short, and she wns too young to
be reverent. Possibly, she had realiz
ed that If you want to seo Importance
and dignity doing their best with tho
leaBt posslblo encouragement, you
have only to take any public official
at any public gallery. But I do not
pretend to explain; I merely record
At the entrance a man of presence.
In a uniform that happily blended the
field marshal and the third footman,
proclaimed In a dignified and even
heraldic bass, "All sticks and umbrel
las on the right, please."
No ono else was entering at tho mo
ment; tho proclamation was for tho
young girl all of It In Its Beautiful
entirety. She surveyed the proclalmor
with a wistful and admiring eye. Then
sho said timidly:
This was unprecedented. Tho public
had ever meekly Cowed before the
edict; It bad trembled and obeyed; It
had deposited all its sticks and all Its
Umbrellas at tho cloakroom on tho
right. And It bad never asked why.
The public Idea when in a good tem
per Is a sheep; and when la a bad
temper Is a lunatic. In a plcturo gal
lery It haB learned from tradition that
It Is enjoying Itself, nnd Is therefore
In a good temper.
"Because It's the rule, miss," said
the official and he would havo been
more terrible If she had Been less pret
ty. "All sticks and umbrellas Is to be
left at the cloakroom on the right.
Can't be admitted to tho galleries oth
erwise." "I see," sho said. "Thank you so
much. Thank you." And she turned
sharp to the left.
"On tho right," thundered the offi
"Why?" said the girl, more wlstfu.
"Because the cloakroom's on tho
right. I've said It three times now,"
he added in a tone of wcaV complaint.
"Yes." said the girl, "but that was
for sticks and umbrellas. You sec,
this Isn't a stick, and It Isn't an um
brella." Tcrrasawls," said tho official super
ciliously, "perrasauls Is the samo as
umbrellas. You'll havo to leave that
at the cloakroom on tho right." Ho
became suddenly plaintive. "Now
don't give no moro troublo," be said.
Tho girl seemed distressed. "Havo
I troubled jou? I'm so sorry. I didn't
know It hurt you for people to go to
tho left. I'll go to tho right at once."
She did bo. Sho found herself face
to face with n counter on which re
posed tho stickB and umbrellas of tho
obedient public tho public that was
now wandering round tho galleries
above, and trying hard, but with no
conspicuous success, to Bay Bomethlng
about the pictures which would not bo
Behind the counter was another of
ficial. Ho was thin, dry, and old; and
he was Intensely business-like. He
came forward rapidly, tearing oft tho
numbered slip from tho perforated
book. He had all the air of a man
cashing a check for a large amount ns
a personal favor. "Yours is four one
five three, miss," he Bald.
The young girl picked up a gouty,
ticketed umbrella which was lying on
"And bow much Is this one?" bIio p
"This ain't a shop. We take charge
of the umbrellas of visitors. Yours lit
four ono five three, If you'll kindly!
hand It over."
"But I don't think I wnnt to hand I
over," said the girl thoughtfully,
"Oh, very well!" said tho old but
perky official. "If jou don't leavo
that umbrella you won't bo allowed to
see the pictures." And ho had a suffi
cient conviction that this closed tho I blushing
discussion. Ho looked like It, too.
"Why?" Bald tho oung girl.
"You'll soon find out why. Becauso
It's the rule."
"It's tho uilc? Why?"
The old man had Been nothing like
this before, but ho restrained himself.
"Leave that umbrella, or you ain't let
In to the pictures. Thnt's all 1'vo got
"Why? What pictures? I don't wnnt
to sec any plctuios. 1 halo pictures. I
only camo In because It looked like
rain, and It looked Just like an umbrel
la shop. Aro you really quite sure It's
not an umbrella shop?"
"Look here," said the outraged offl
clal; "you'd Letter go."
"Why?" Bald the girl, after a re
"Why? Becauso wo don't have any
Jokes here. We don't like them and
we don t want them."
"Don't like them?" said the girl,
with wonder In her eyes.
"Don't wnnt them?"
"No, we don't. There's a place for
everything. If you want to play the
fool you'd better go elsewhere."
There was a 'long, long pause. The
girl looked around her, shy and timid,
but still with the air of the earnest In
quirer. Suddenly she concentrated
her eyes upon the official, gazing earn
estly Into his face, and pursed up her
pretty mouth till It onco moro formed
ho pertinent Interrogation:
ON THE DILL OF FARE.
Col. Sam need was breakfasting at
Delmonlco's. After looking over the
French menu he said to the waiter
I "You may bring me somo eggs
llku Auiora, and some
breeches In the royal fashion, with
velvet sauce, and for desert be sura
you bring a stew of good Christians,
and n mouthful of ladles."
The astonished waiter said:
"Sir, we don't servo such dishes."
"Yes, you do," Bald the guest, point
Ing to the bill of fare. "Ocufs n la
Aiuorc culottes la loynlo sacquo vo
lout cotnpotu do bon cretlents
bouchee de dames."
"All right," said tho waiter; "ready
In two minutes, sir."
"Please Kiss the Bearer." f
MINISTER END3 AT
POINT OF STORY
The Rev. Dr. John Henry Barrows,
President of Oberlln College, who for
merly preached to a Chicago congre
gation, tells a little story concerning
an experience of his own that may be
worth passing nlong. It was at the
time that Dr. Barrows was making ar
rangements for tho holding of tho
had an Immense
The boy was delighted at tho idea
nnd his mother wrote upon a sheet of
"Please kiss tho bearer."
This she placed In an envelope,
which was properly sealed and ad
dressed to the doctor. Tlie boy start
ed upstairs with his valentine, but he
ot regions. He ueen running u round a goou ueni
correspondence to u"lnB tho morning and his legs wero
take care of, and found It necessary
to employ a stenographer. Tho young
lady was pretty. It Is not to be Infer
icd that there aro any but pretty lady
stenogiaphers, but tho ono employed
by Dr. Burrows was especially comely.
Tho doctor fitted up a workroom on
tho third floor of his house, where he
and tho stenographer tolled haul day
after day, undisturbed by callers and
well away from tho noises ot the
Tho work of preparing for tho con
gress wbb still going forward on tho
14th of February, when tho doctor's
little son liecanio excited over the
sending nnd receiving of valentines.
Tho boy had been running about tho
neighborhood hnndlng Iovo tokens to
the children ho knew and many hiul
come to him, when ho remembered
thnt he had a father upon the third
floor. In addition to tho Ono In Heav
en. Going to his mother, he proposed
that they send up a valentine.
"Well." Bald Mrs. llarrows,"lt Is very
nice of you to remember father. How
would It do for mo to wrlto n valentine
'for him and let you take It up?"
weary. When ho had .reached tho
second floor he met tho pretty stenog
rapher, who had started out after
postage stamps or something, and
aBkcd if she wouldn't be kind enough
to hand the noto to his father.
Sho took tho envelope, gave tho
child a pat on the cheek and ran back
upstairs, where perhaps prompted
by feminine curiosity sho waited
while Dr. Barrows opened his valen
tine and read, In his wife's handwrit
ing: "Plcaso kiss tho bearer."
Here Is where Dr. BarroWB always
cuts tho story off.
H... ........ .... .................
"l"l i"-ll"l"- l"l l l l l i r til l l ill l l i l ill r
k AWJab J ,Ll"aLLHlMn "want
aWVr,OBM J "I w "
Philadelphia North American, j
I-"I-'I--X-"!"! 'I!"!-- I"!" I""I""II"I IJIJ""II""I I-I""I ,"TI"I I""!""!" !" I-1-II I'
iThe Ill-Bred Stare Its Discourtesy
eyes upon your hat. Next your veil Is
inspected. You wonder nervously if
your nose Is boring through a possible
"Nobody cares If you don't want to play." Chicago Inter
Impervious to Noise.
"How queer!" exclaimed MIbs Pertle
Goodwin, at tho Wagner recital. "My
foot haB gone to sleep and In all this
Pa It Is a complete
say, pa, what Is expert
record of a
TIE PBIHR FIND
Who Is It comes In the early mom.
And stops my work of planting corn?
Who Is it comes when tho sun Is high,
And talks and talks tin I nearly die?
Who Is it comes at the hour ot noon.
And stays till I almost taint and swoon
Thero is no such thing aB a
Not that It Isn't true that the well
bred stare; but they ore not well bred
when they do It to Indulge In a bit
of a paradox.
Nothing is well bred that makes a
follow crcaturo uncomfortable. Thcio
foro, tho woman and thero aro too
many like her In this Impolite world
that calls Itself polite that visibly
takes an Inventory, when sho meets
you, of every detail of your nppear
ancc, to your own secret dlscomflturo,
entirely "forgets her raisin'."
Tho ordeal, at all times disagreeable
amounts to cruelty when tho scrutiniz
ed Is conscious of sartorial shortcom
ings. And when Is even tho best-dress
ed among us confident of overy detail? Who Is It comes when the sun is low,
Aro Beams unimpeachable In their , And Btays till I wish and wish he'd got
strength, or hooks and oyes warranted Tho candidate,
to be true? I
But, oh, tho agony when your gloves Who Is 11 comes when the day Is done,
are frankly shabby, and your coat has And hangs around till I get my gun?
year before last's sleeves cut downl Tho candidate.
Sho advances toward you with her Waycross (Ga.) Journal.
weak spot In tho middle of It. She ox
tends her hnnd with a survey of your
neck arrangements thnt makes you
squirm In guilty consciousness ot that
white pin you stuck Into a black rib
bon In a place where It would novcr
Before tho greeting Is achieved
and how cordial and gracious she can
bol hor stock taking gaze has mean
dered down to your nethermost ox-
How Overcoats Cause Colds
That overcoats are responsible for chill. To this are due many colds, as
many colds has long been suspected. iwe" s lumbago, rheumatism, and
The suspicion has now been confirmed
by tho perfectly scientific explanation
of n medical man.
When a thick overcoat Is worn, ho
says, the warm moisture given off by
tho body Ib prevented fiom escaping.
It collects In tho coat, vest and under
clothing, thoioughly saturating thorn,
This Is not of much consequence si'
To avoid thoso results seveial
courses aro open. Firstly, one might
advantageously rely for protection
Irom the cold on warm woolen under
clothing. If one Is young nnd robust
it Is not necessary to wear an over
coat at all. Then the evaporation of
moisture will go on gradually and
thero will be no chill. Another plan
Is to wear ono heavy walking coat and
chango It for a lighter coat Indoors.
tremltlcs, and you feel thnt all your! long as tho overcoat Is worn, but when)
little toilet subterfuges nro nn open that Is taken off tho wearer Is in tho
book to her. Not that It is bo nccoa- position of a butter cooler surrounded This Is an Ideal arrangement from n
carlly. Tho starcr often Btaics me-' by a damp cloth. The heat of his I ody hygienic point of view. But If the day
cbanlcally, without taking mental Is conducted nvay In largo quantities, Is exceptionally cold a light and pnr-
note. But tho unhappy effect upon nnd ho suffers a BUddcn nnd severe ous overcoat may bo safely worn.
the victim Is Just the samo.
Staro not at all. Give your neigh
bor a frank, sympathetic legard In
the middle of his eyes, and scan no fur
ther. Bo oblivious to clothes or rath
er, produce the effect of utter obllv-
"He's a thoiough crank!"
"Yes, he used to be rCluJsjLlan Scl
entlst, believing ho .wnsn'tEnrck Vhen
Ion If you havo any tact at all. If you ho was, and now hjma goilo clear to
miiBt size up tho outer man, there are tho opposite cxtrenS? koons a QTnlcal
plenty of ways to seo without Bcemlng thormometer, and ipelleis, hoSsIck
.i,tni .in id.-.,', -. &. -
i""" '""-"-' ' f C5
Not Exactly a Distillery.
Judgo drnlg Diddle wbb cscoitlng n
vUltor to Philadelphia over the city.
and as thoy passed the penitentiary tho
visitor blandly Inquired:
"Judge. Is that a new dlstlllcr.v?"l
"Not oxactly," answered the Judge,
"but It Is a rectifying plant." Phlla-
W ir. tMjtfjftyij.. .''.Aafeaa
i'ii T" 5" - a ' - -i-
' d" m.